How do you Panic?

[Nobel Jane]

when times in panicking I usually don't know what to do! my mind stops and i can't even move my body. usually I just shout and stayed where I stand, and wait to someone who see and help me. luckily, when I am panic, someone is there to help me calm and think what to do in order to control my self (fear). Suddenly It comes to my mind that the situation is not that serious, I was just over reacted by the situation and it leads to panic automatically.

[jostorres]

We all will feel panic when bitcoin prices decrease. In our mind there is only a decision that is selling bitcoin that we have. So panic is a normal thing, everyone will definitely experience this. What distinguishes only the level of panic that will be faced.

Yeah! We do get panicked when bitcoins are going through some hard times but that does not mean we should give up on them and sell them off at cheap rates because we all know that bitcoins always rise very high after dumps. Dumps should be treated as a time for buying more bitcoins.

[grizmoblust]

when times in panicking I usually don't know what to do! my mind stops and i can't even move my body. usually I just shout and stayed where I stand, and wait to someone who see and help me. luckily, when I am panic, someone is there to help me calm and think what to do in order to control my self (fear). Suddenly It comes to my mind that the situation is not that serious, I was just over reacted by the situation and it leads to panic automatically.

I remember the time I lost more than 50k$ in one day. My heart frozen at that time. But now I see everything normal. price always go up and go down all the time. news and fud become doesn't matter for me at all

[nightways]

this crypto world peoples are very interesting. they are panicing very fast and dumping what they have.

Dont have enough knowledge for those people that panic easily dont know the process of the movement of the trading maybe for some new trader much better to make some study first so they can avoid panicking like selling their coin in a lower price .

I think people with knowledge will also panic due to the sudden fluctuations in the market. People who want to hold for the long term will not panic for anything they secure minimum targets reaches. Trading always needs patience those who waited for patiently will be rewarded.

Indeed! The random and unplanned market fluctuations are very much horrible for everyone and especially for those who are involved in trading or short term investments. Yeah! Long term investors are least bothered by the fluctuations especially if they are holding bitcoins.

[RenBct]

Panic when you got scared and sold your coins and didn't know that after you sold it it grow substantially.

[BitcoinBallerina]

I try not to! I take deep breaths and make sure that my heart isn't beating too fast otherwise I could make a bad decision.

[bohr]

I think the word "PANIC" should be banned from the dictionary of a good trader. Even if you're not, you have everytime planned a "PLANE B" or "PLANE C" where you can avoid all type of panic. Normally people in panic start selling/buying without reasons, and lost a 5% - 10% just for choose the wrong time.

You are making a mistake this is not a matter of definitions this is a matter of feelings, you can say that panic is not in your dictionary all what you want but when the moment comes and you feel panic, then you are in panic it is that simple, what we need to do is to find strategies to try to cope with that panic, once you learn how to deal with it you are going to avoid being dominated by it and make bad decisions because of it.

[streazight]

Panic always produces a bad and detrimental effect for us, because panic happens from the mind that isn't calm. As happened at bitcoin prices these few days. I just relax, no need to feel nervous if bitcoin will continue to weaken slowly. I've been fighting bitcoin for years, so i'm immune to any conditions that are even worse than today.

You are right, you cannot panic and make the right decision. You set in anxiety, then you will be unable to think straight and every of your decisions will be emotionally made. The most important thing is knowing what you want to achieve in your trade even before you start.

[the-doctor]

I used to panic a lot a start now, it is different story. I just don't care cause I know that crypto will succeed. It is that simple for me now

[Kizaki]

As I am starting the path of trading, I used to panic a lot. But now, whenever I feel nervous about the dumps that I got encountered, I try to calm myself and think. When those happens, I usually go to threads and find the coins I invested with, finding the reasons why it happen and from there, I could visualize if I would really lose my money or not. I try not to lose my patience to overcome my fear. What I've regretted so far is that I lose all my confidence in my coins when they experience huge dumps. Right now, I always tell to myself to be confident and do first the things that I must do before making rash decisions.

[Vannie12]

I do not panic, maybe because I am just new here or I really enjoy seeing how every event and situations affect the price of bitcoins. I am learning more through it and I am understanding more of it. Yes it's a bit disappointing to see your savings go down, I mean very low but it's a part of earning. I do not regret holding it.

[Afnan_faizah]

Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

Keep calm and hold,  it is the best way to fight trading psichology.  Cryptocurrency is volatile.  So the price will always up and down continously.  So nothing to worry. Just keep calm.

[syaripudin]

We can not deny that everyone will experience a panic when faced with the situation of altcoin values ​​that are down, including even me. I follow the dibitcoin activity because half of my life needs I hang on bitcoin so I will experience panic when the price of altcoin is down. I myself am very aware that the thing I'm doing right now is a mistake that should not be done. but because of the current economic needs in my unstable life this makes me sell the bitcoin assets I have. certainly if the economic needs in my life have stabilized I will not experience any panic in any situation. in a situation of decline to the value of altcoin actually need a little patience in the present situation like this is actually a matter of course where the price will tend to decline and then will be followed by an increase.

[Enzo 666]

for me i divided my money to $ , euro , gold , silver , bitcoin and other altcoin so when one rise other will down i sell who is rise and buy more who is down 

[TitanGEL]

Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

I am not panicking even if my coin is going down. Panicking is not necessary and I can say that panicking is one of the reason why we lose our money in the trading. We should not panic in the trading world.

[BITDV]

I think panic is a common thing, especially for new users because of their lack of experience and knowledge.
Keep remain and observe, the market will surely recover after a while. if market goes low , then maybe you can consider to exchange it.

[gabmen]

I think panic is a common thing, especially for new users because of their lack of experience and knowledge.
Keep remain and observe, the market will surely recover after a while. if market goes low , then maybe you can consider to exchange it.

If he market goes low, be steady and grab the opportunity to make more money by buying in. Panic happens even to experienced traders but the difference is the reaction to panic. You can either allow to make decisions for you or take control

[treather]

It depends on the coin, if it isn't well established, it is advisable to sell, you could buy them back later at an even cheaper rate. With BTC and the popular coins, I hold.

[zergenyt09]

I not panic,, just hold my coin, i believe will pump again
easily panic will make wrong decision
 

I think this is what everyone else should as well. Most of the trades normally panic under these circumstances and usually make false decision. This is the time where emotions play a significant role and force you making false decision most of the time. You need not to panic and you should hold you Bitcoin in order to make good profit.

Yep! It is really crucial t manage your emotions and stress very well when you are in your professional life, even in personal life too many emotions can ruin your life. No need to give up on your coins especially bitcoins if your coins are going through some hard time. Every bitcoin dump is surely followed by a great pump.

[Afnan_faizah]

I will not be panic,  I know bitcoin, it is so volatile probably the price is high this morning but it can be low at the afternoon and can be like sky rocket tomorow.